Itemwise Purchase Entry

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9 Points Joined April 2016
Sirs, We are in real estate business with 1.5 crore, do we need to maintain itemwise purchase entry with HSN code?
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On 10 April 2018 at 13:55 Report
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Team GST Experts
1926 Points Joined April 2011

YES U HAVE TO MAINTAIN ITEM WISE INVENTORY

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On 10 April 2018 at 13:57
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CA FINAL
101 Points Joined June 2015
yes you have maintain item wise entry
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On 10 April 2018 at 14:24
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GST Practitioner
55067 Points Joined June 2017
Yes as per Rule 56, & section 35 CGST Act , every registered person has maintain proper books of account with inventory
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On 10 April 2018 at 17:07


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